This paper argues that a risk averse of workers after-tax reservation wage the difference between her reservation wage and the tax needed to fund the unemployment insurance system when liquidity constraint binds exists and it is unique. The optimality of unemployment insurance based on the responsiveness of reservation wage to unemployment benefit shows the disincentive effect, i.e. higher unem...

this paper argues that a risk averse of workers after-tax reservation wage the difference between her reservation wage and the tax needed to fund the unemployment insurance system when liquidity constraint binds exists and it is unique. the optimality of unemployment insurance based on the responsiveness of reservation wage to unemployment benefit shows the disincentive effect, i.e. higher unem...

The use of bus in traveling is a large growing business the world. Hence, reservation system deals with maintenance records each passenger who had reserved seat for journey. Moreover, ticketing includes schedule, fare and details traveling. This paper web-based application that will manage scheduling buses all terminals transport company also analyses basic needs passengers design requirements ...